NOT LISTED FOR SALE

308 E Madison St Pontiac, IL 61764

Estimated Value: $306,000 - $330,013

4 Beds
5 Baths
3,224 Sq Ft
$98/Sq Ft Est. Value

Last Sold November 25, 2019

Last sale price $225,000 $70 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $1,756/month

1 Day on Market

About This Home

As of November 2019

2 story home with 3 units and full basement. Live in the home and rent out the other units for income!

Last Agent to Sell the Property

Joan Bullard

Joan Bullard Realty, Inc. License #471000509 Listed on: 11/06/2019

Last Buyer's Agent

Joan Bullard

Joan Bullard Realty, Inc. License #471000509 Listed on: 11/06/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,526

Year Built

  • Built in 1928

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 60 x 120

Home Design

  • Converted Dwelling
  • Asphalt Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 5 Bathrooms

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces
  • Parking Space is Owned

Schools

  • Pontiac High School

Additional Features

  • Basement Fills Entire Space Under The House
  • Deck
  • Heating System Uses Natural Gas

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,526

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1928
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 5
  • Total Bedrooms: 4
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 2

Exterior Features

  • ExteriorFeatures: Deck
  • Foundation Details: Concrete Perimeter
  • List Price: 225000
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Other

Garage/Parking

  • OpenParkingSpaces: 3
  • ParkingTotal: 3
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Public

Schools

  • High School: Pontiac High School
  • Middle/Junior School District: 429

Lot Info

  • Lot Size Acres: 0.16
  • Lot Dimensions: 60 X 120
  • Lot Size: Less Than .25 Acre
  • Special Assessments: U

Rental Info

  • Board Number: 21

Tax Info

  • Tax Annual Amount: 3525.74
  • Tax Year: 2018

Multi Family

  • Units in Building: 3
  • Three Bedroom Number of Units: No
  • Type-Multi: Converted Residence

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2019
Closed on
Oct 29, 2019
Sold by
Miller Paul D and Miller Norma
Bought by
Evenglow Lodge
Seller's Agent
Joan Bullard
Joan Bullard Realty, Inc.
Buyer's Agent
Joan Bullard
Joan Bullard Realty, Inc.
List Price
$225,000
Sold Price
$225,000
Current Estimated Value
$315,671

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,671
Avg. Annual Appreciation
3.12%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Evenglow Lodge $225,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Miller Norma $141,000
Previous Owner Miller Paul D $128,814
Previous Owner Miller Paul D $128,900
Previous Owner Miller Paul D $131,065
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/25/2019 11/25/19 Sold $225,000 0.0% $70 / Sq Ft
11/07/2019 11/07/19 Pending -- -- --
11/06/2019 11/06/19 For Sale $225,000 -- $70 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $428 $4,629 $4,629 $0
2023 $417 $4,330 $4,330 $0
2022 $3,456 $34,364 $4,330 $30,034
2021 $3,361 $33,042 $4,163 $28,879
2020 $3,331 $32,049 $4,038 $28,011
2019 $2,619 $30,645 $3,861 $26,784
2018 $3,526 $39,420 $3,900 $35,520
2017 $3,512 $39,381 $3,896 $35,485
2016 $3,535 $39,859 $3,943 $35,916
2015 $3,571 $39,859 $3,943 $35,916
2013 $2,893 $34,858 $4,225 $30,633
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10569831

Midwest Real Estate Data (MRED)

APN: 15-15-22-433-002